SKOGMO 10-17 BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

47,82 %

Current Ratio

2,74

Debt-to-Equity Ratio

−2,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 852 000	1 703 000	1 714 000	1 550 000
Net Income	−2 495 000	−1 584 000	475 000	−585 000
Total Assets	7 736 000	2 916 000	3 714 000	2 975 000
Total Equity	−5 217 000	−2 722 000	−1 138 000	−1 613 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 852 000	1 703 000	1 714 000	1 550 000
Expenditure	4 223 000	1 362 000	1 038 000	1 985 000
Operating Profit	−2 371 000	−1 528 000	546 000	−504 000
Financial Income	52 000	3 000	6 000	13 000
Financial Costs	176 000	59 000	76 000	94 000
Financial Balance	−124 000	−56 000	−70 000	−81 000
Earnings Before Tax	−2 496 000	285 000	606 000	−516 000
Tax	0	0	0	0
Net Income	−2 495 000	−1 584 000	475 000	−585 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 807 000	2 348 000	2 340 000	2 340 000
Total Current Assets	3 929 000	568 000	1 374 000	635 000
Total Assets	7 736 000	2 916 000	3 714 000	2 975 000
Total Retained Equity	−5 217 000	−2 722 000	−1 138 000	−1 613 000
Total Equity	−5 217 000	−2 722 000	−1 138 000	−1 613 000
Total Long-Term Debt	11 519 000	5 530 000	4 752 000	4 496 000
Total Current Debt	1 433 000	108 000	100 000	92 000
Total Equity and Debt	7 736 000	2 916 000	3 714 000	2 975 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 852 000	1 703 000	1 714 000	1 550 000
Revenue	1 852 000	1 703 000	1 714 000	1 550 000
Cost of Goods Sold	0	0	0	0
Salary Costs	103 000	91 000	57 000	57 000
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	4 223 000	1 362 000	1 038 000	1 985 000
Operating Profit	−2 371 000	−1 528 000	546 000	−504 000
Financial Income	52 000	3 000	6 000	13 000
Financial Costs	176 000	59 000	76 000	94 000
Financial Balance	−124 000	−56 000	−70 000	−81 000
Dividends	0	0	0	0
Net Income	−2 495 000	−1 584 000	475 000	−585 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 807 000	2 348 000	2 340 000	2 340 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 807 000	2 348 000	2 340 000	2 340 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 807 000	2 348 000	2 340 000	2 340 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 775 000	451 000	1 269 000	505 000
Total Current Assets	3 929 000	568 000	1 374 000	635 000
Total Assets	7 736 000	2 916 000	3 714 000	2 975 000
Total Equity	−5 217 000	−2 722 000	−1 138 000	−1 613 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 519 000	5 530 000	4 752 000	4 496 000
Creditors	1 433 000	103 000	96 000	92 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	5 000	4 000	0
Total Current Debt	1 433 000	108 000	100 000	92 000
Total Equity and Debt	7 736 000	2 916 000	3 714 000	2 975 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,82 %	58,19 %	−41,74 %	36,27 %
Debt-to-Equity Ratio	−2,21	−2,03	−4,18	−2,79
Operating Profit Margin	−128,02 %	−89,72 %	31,86 %	−32,52 %
Current Ratio	2,74	5,26	13,74	6,9
Quick Ratio	2,74	5,26	13,74	6,9
Equity Ratio	−0,67	−0,93	−0,31	−0,54
Gross Profit Margin	100 %	100 %	100 %	100 %